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it's just a waiting game. when fc posts share price will either plummet or go up greatly. problem is noone knows what he will say.
seems some internal splits could be an issue. but, most of the core team have done well with their share of AM so it would seem like something petty to fight about. no point in speculating since there is nothing to speculate on.
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why can't bfl just be banned from this respectable board! why are these scammers and their products allowed here
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I honestly have no idea what you're saying. I'll just keep mining BTC and buying more gear. And when I've had enough, I'll sell my ASICs for even more profit. But thanks for trying!  Super, Good luck! Let us hope that you have no idea what i am talking about because my English is not native, not because you are refusing to understand what is all about. Best A bit of both, I guess.  Just curious... why do people like you feel the need to post this "you'll never ROI" nonsense in the Custom Hardware forum when there's a whole section devoted to Mining Speculation. Because I want a fair price and the only way to get it is to stop paying the ridiculous amounts for the EOF hardware. Only way this to happen is to try to convince people like you. That is why I am posting occasionally here and there. Please do excuse me for that, but all this nonce is leading us to nowhere. People have been saying that from the beginning. If you go back and look at early 2011, when I started GPU mining whether I came out ahead mining or buying bitcoin depends on when I would have bought them. I made way more BTC from GPU mining then I would have from if I had just bought bitcoin for around $5-10. unfortunately I ended up selling a lot of those bitcoins around $10... I did still make a pretty big USD profit, though and I had enough bitcoin left over for a B2 Avalon, which again more then paid for itself. The thing is, I made most of my bitcoins in the long phase where difficulty leveled off before the first ASICs hit the network. Eventually the same thing is likely going to happen with ASIC miners, margins are already getting pretty thin, but the difficulty is going to have to go up a long way before they're unable to pay for their own electricity, and when prices go up the margins on that electricity go up as well. So for example, my Avalon is probably still making about $15/day, while using about $1.26 in power. So, even though the difficulty has gone way up, the usable life has been extended. Please think of ROI in BTC.... not in fiat. The point is spending BTC now and you're not gonna get back that amount of BTC. Price goes up, your stash value goes up, contrast to mining.... price goes up, difficulty will continue to rise due to noobs, your mining gear's value goes down, getting harder to get back that initial BTC. What i've learned since mining is that simply buying BTC and hold would gain alot more. I think of ROI as a Return On Investment, because that's what it means. The formula is somewhat simple, the data are not. But your oversimplifcation, which I see all the time here, is ridiculous on it's face and even more so if you analyze it in depth. If you invested 10BTC at 10 bucks back a couple years ago to get back 1 BTC today, you made a massive profit. Not merely a ROI, but an actual, spendable, tradeable profit. The form it takes is truly irrelevant, unless you are beholden to some sort of cult mentality. Me, I trade BTC for dollars on the high side and dollars for BTC on the low side. I also will trade anything of value for anything else of value. This is the nature of trade. Supply, demand, and the differential betwixt them. Purchasing power trumps numerical value or labels. o please, not "this again". advice and opinions that make NO economic sense passed off as sound advice. just cause you like "mining" whatever crap you like mining doesn't mean that it makes FINANCIAL sense doing so. just keep it at that. hell, some people will dig a hole in the ground for free just for fun. would you ever mine 1 lb of gold. give it away as an investment. get 1 oz of gold back in the future and be happy that the nominal/relative price of gold is up?! fuck no. you went from having 1lb of gold to 1 oz of gold. the same SIMPLE economic principle applies here irrespective of what a person enjoys doing for "fun and gratification". losing money, losing "commodity" losing makes no sense. you buy equipment in bitcoins that generate bitcoins. what's the point of that machine will yield you LESS bitcoins than you bought it with. the value of 1 bitcoin doesn't matter at all. maybe that's why the market prices that make no sense keep being floated around - either people don't care or they just don't get it |
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PSA regarding latest institutional purchase from MBP.
to be honest - this is spells the end of megabigpower's retail arm.
1) besides self mining!
2) and besides selling millions of dollars of equipment at "wholesale/discounted" pricing!
3) the costs for any retail purchase are too high, and what's the point of competing with 1) and 2) when it's the same company doing 1,2,3
hence. today is the day when people should realize that any RETAIL purchase from MBP is like throwing your money into the toilet (or sending bitcoins off into oblivion). please, leave the sympathy to a min unless you have some valid points.
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price target of $150 by end of month before people will actually start buying the hcards.
otherwise the whole inventory will be worth close to $0
How do you know people aren't buying? they have a live inventory counter. they've sold about 200 h cards in dec/jan and still have about 1800 available in inventory. it makes no financial sense to buy them with either bitcoins or USD |
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price target of $150 by end of month before people will actually start buying the hcards.
otherwise the whole inventory will be worth close to $0
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144 blocks per day
52560 blocks per year
1314000 BTC per year
The blocks have been mined at a substantially faster rate than the ideal of 6 blocks per hour. I think the average is more like 7.5 blocks per hour, which pencils out to 65,700 blocks per year and 1,642,500 btc per year. Using the 2.5% to 25% range, I get 0.10 to 1.02 bitcoins per share in potential mining revenue. Brilliant analysis guys. So, if someone bought at 0.3 they would almost be guaranteeing themselves a 30% to a 300% payoff? That is a really good return, IMHO. Should have done the maths a few weeks earlier! Anyway, I don't believe AM cannot mine 400,000 Btc over its lifetime from this point forward, which implies min of 1 Btc per share. Also, I can't see AM stopping at 2.5% of network with the most energy efficient chips (and possibly cheapest chips). I can't see AM stopping at anything less than 40% of network assuming the most energy efficient chips (unless they are selling chips at a higher margin compared to mining. Either way AM wins). if transaction fees pick up........................ that helps |
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... so any actual real updates? or just more uncertainty
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It's always gratifying when the trolls only thing they have left to troll about is typos!
or just referencing BFL's reputation. Two Weeks(tm) i think BFL has a catch phrase that it will forever be known as. don't worry BFL's reputation is only slightly worse than Yifus |
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new price is still too high, but less insulting. drop it to 200 and you can actually start moving inventory
$200 is unnecessarily low. I'd pay 0.40 BTC per card if shipped today, which is currently $325. So if the exchange rate were to jump up to $935 in the next couple hours, I'd buy more v1.2 cards. I'm more conservative in my hardware purchases than alot of people, so they definitely don't need to reduce the price any lower than $325 to keep sales flowing. if you prefer to spend more money than make then yes. card running at 33ghs would not make its .4 btc back I run mine at up to 39GH/card. But I pay over $0.30/kwh for electricity so the current prices (in BTC) are a bit too high for me. how did you get so high at 39Gh/s? 39GH/s is the average of the cards in my most optimized v2 rig. I raised the voltage to about 0.85v when idle. I never got around to checking when hot. And I spent alot of time finding the best speed settings per chip without overloading the VRMs. When the weather warms like in the last few days here, some cards' VRMs cut out until I tune down the chip speeds just a bit, usually just 2 chips at a time until it's stable again. if you really think about how much work goes into fine tunning these things just to get a few extra satoshis over your investment. almost not worth it. i can be wrong, people can get pleasure out of this.... masochists |
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The police cant start without infos. And without victims they cant start either. Or do you think you tell them Money was stolen from someone, please investigate, we will tell you later who are the victims and what they lost in detail.
I hope some big shareholders will donate. I mean im not the only one who lost big. I already donated alot.
no, all they NEED is one victim with evidence to START. you can give them more names as people join. all the evidence will be the same regardless of how many victims contact police. it's public knowledge how much money was stolen. i'm saying that the sooner this starts the BETTER. waiting longer to get a few more names etc isn't worth the wait. alberto, fab, and alessia need to be questioned and possibly arrested today not tomorrow. justice will be served but the longer the wait the smaller chance of any recovery of funds at all. |
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fabrizio and alberto and alessia having too much fun at the expense of others. by the looks of it seems police haven't talked to them yet. this notification to police is taking too long   submit the damn complaint already and then a week later the more detailed information - it can always trickle in. police need investigate TODAY to arrest someone TODAY not TOMORROW - does noone realize this? |
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new price is still too high, but less insulting. drop it to 200 and you can actually start moving inventory
$200 is unnecessarily low. I'd pay 0.40 BTC per card if shipped today, which is currently $325. So if the exchange rate were to jump up to $935 in the next couple hours, I'd buy more v1.2 cards. I'm more conservative in my hardware purchases than alot of people, so they definitely don't need to reduce the price any lower than $325 to keep sales flowing. if you prefer to spend more money than make then yes. card running at 33ghs would not make its .4 btc back |
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new price is still too high, but less insulting. drop it to 200 and you can actually start moving inventory
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if i understand correctly.. 3rd party site requires trust in 3rd party site.
colored coins require someone to send first? so requires either trust or escrow?
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Yeah, but I don't think every hacker just holds onto their Bitcoins.. they spend them (eventually) and put them back in the system.
of course, i concur. that's the point of this Law: all bitcoins in circulation would have been stolen at some point. |
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hell will freeze over before dogecoin "value" approaches bitcoins. however, the millions dogecoin is literally insane. someone will get burned, eventually.
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it's somewhat obvious, but just wanting to coin the phenomenon. playing of Godwin's law.
it's an unfortunate situation but the reality makes this formula hold true.
as time approaches infinity amount of coins stolen in circulation (that aren't lost) approaches 100%.
now please, hackers, STOP proving my theory correct!
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strange business decisions. dave isn't selling much if any stock. AND while he's not selling anything the real value of the boards keeps dropping every week. the real prices will continue dropping so in the end he may have to liquidate his inventory at 100 per board where today he may get 300 for each one.
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